> CBD Energy announces first residential solar installation in the U.S.

CBD Energy announces first residential solar installation in the U.S.

Friday, May 16, 2014

CBD Energy Limited, or CBD, (OTCBB: CBDNF) today announced its entry into the U.S. residential solar market with the signing of a 7 KW home system under its solar installations brand, Westinghouse Solar. CBD Energy Limited is a diversified clean energy company and leading global provider of solar systems, having completed more than 17,000 residential installations. CBD Energy Limited markets its residential and commercial solar installations under the name Westinghouse Solar.

The 7 KW system, for a residence in Allenhurst, New Jersey, is estimated to save the customer approximately 40% on their energy bill and more than $60,000 over the life of the system. Westinghouse Solar will conduct a comprehensive energy assessment to determine whether additional energy upgrades could further increase the energy efficiency of the residence.

“Achieving our first sale is always the hardest and we’re delighted that we accomplished this in the fiercely competitive New Jersey residential solar market. We’re confident that CBD Energy’s extensive experience in residential, commercial and utility solar installations will serve us well as we launch a full spectrum of services under the Westinghouse Solar brand in targeted regions across the United States,” said James Greer, SVP of Westinghouse Solar U.S.